(Continued on Next Page)
Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds no change in the assessment of the
property as established by the Cook County Board of Review is
warranted. The correct assessed valuation of the property is:
LAND: $ 81,612
IMPR.: $ 107,324
TOTAL: $ 188,936
Subject only to the State multiplier as applicable.
1 of 4
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Elaine Loseff
DOCKET NO.: 04-27968.001-R-1
PARCEL NO.: 05-29-103-042-0000
The parties of record before the Property Tax Appeal Board are Elaine Loseff, the appellant, by attorney Edward Larkin of Larkin & Larkin, Park Ridge, Illinois; and the Cook County Board of Review.
The subject property consists of a 36-year old, two-story style dwelling of masonry construction containing 4,050 square feet of living area with a partial, unfinished basement, central air conditioning, two fireplaces and a two-car garage.
The appellant submitted evidence before the Property Tax Appeal Board claiming unequal treatment in the assessment process as the basis of the appeal. In support of the equity argument, the appellant submitted a grid analysis detailing three suggested comparable properties located on the same street and tax block as the subject property. The comparables are two-story masonry or frame and masonry dwellings that are 48 or 52 years old. They have partial or full basements, with one having finished area. Two have central air conditioning and they all have fireplaces and two or three-car garages. The comparables contain from 4,406 to 4,810 square feet of living area and have improvement assessments ranging from $21.07 to $22.36 per square foot. The subject property has an improvement assessment of $26.50 per square foot. Based on this evidence, the appellant requested a reduction in the subject's improvement assessment.
The board of review submitted its "Board of Review Notes on Appeal" wherein the subject's final assessment was disclosed. In support of the subject's assessment, the board of review offered the property characteristic sheets and a spreadsheet detailing three suggested comparable properties located on the same tax block as the subject property. Two were located on the same street as the subject property. The comparable properties consist of two-story masonry dwellings that are 35 years old. They have full basements, with one having finished area, central air conditioning, fireplaces and three-car garages. The